Lifetime offered Project Runway a reported $150 million deal and NBC/Universal is suing because they claim they have first refusal for the show and any possible spinoffs. Which means they had a deal and they believe NBC is going against the deal. In the lawsuit, a copy of which was obtained by Broadcasting & Cable, NBCU cited a license agreement giving Bravo the right to the first five cycles and said it had first right of refusal for Runway and any possible spinoffs. Bravo, per the suit, has paid Weinstein “many millions of dollars in exchange for these exclusive rights” and alleged that Weinstein is violating its right of first refusal by going to Lifetime and that it “engaged in deception” to do so.Monday, April 7
Project Runway Dispute
Lifetime offered Project Runway a reported $150 million deal and NBC/Universal is suing because they claim they have first refusal for the show and any possible spinoffs. Which means they had a deal and they believe NBC is going against the deal. In the lawsuit, a copy of which was obtained by Broadcasting & Cable, NBCU cited a license agreement giving Bravo the right to the first five cycles and said it had first right of refusal for Runway and any possible spinoffs. Bravo, per the suit, has paid Weinstein “many millions of dollars in exchange for these exclusive rights” and alleged that Weinstein is violating its right of first refusal by going to Lifetime and that it “engaged in deception” to do so.
